Littleton Bond Rating Report (Standard & Poor's)

Littleton Bond Rating Report

Read the full S&P Ratings Report for Littleton Massachusetts Oct 21, 2025

Littleton's Bond Rating (Standard and Poor's - latest report October 2025) is:

• Long Term Rating - AAA
• Outlook - Stable
• Short Term Rating - SP1+

S&P Affirms Town of Littleton's Bond Rating of AAA

Standard and Poor's has affirmed the Town of Littleton's bond rating of AAA, its highest rating. S&P defines its AAA rating as "Extremely strong capacity to meet financial commitments. Highest Rating." The rating reflects S&P's assessment of the following factors for the town:

• Very strong economy - "very high-income metrics that we believe uplift the overall rating, and a tax base that continues to experience strong growth in residential assessed values in part due to the town’s favorable location just 30 miles west of Boston"

• Strong budgetary performance – “with conservative assumptions that the town consistently outperforms, with long-term financial and capital plans that are annually updated and tied into its assumptions, along with a comprehensive host of policies, including investment, debt management, and reserve policies, as well as steps to mitigate cyber risk

• Surplus Financial Operations - "with stable revenue from property taxes (74%), which have led to the town maintaining ample available reserves that compare favorably with those of peers at the same rating level"
• Elevated Fixed Costs - "we believe Littleton’s fixed costs could add some budgetary pressure over the next few years, management has demonstrated a clear commitment to addressing unfunded retirement liabilities, as well as limited additional capital needs"